Although Hugh Hefner and his 27-year old Playmate wife, Crystal Harris, live lavishly at the legendary Playboy Mansion in L.A.'s Holmby Hills, the octogenarian soft-porn peddler does not personally own the sprawling party pad. It's owned, rather, by Playboy Enterprises.

In order to ensure his young enough to be his great-granddaughter wife has a place to live after he's gone, he romantically snatched up a sexy-sexy-sexy five million dollar contemporary crib in the Hollywood Hills where the third and current Missus Hefner can reside in her widowdom.